The latest COE results for the 2nd bidding of March 2025 are out, showing a noticeable increase across all categories. If you're planning to buy or sell a car, this update will help you decide your next move. Let’s break it down and compare it with the previous bidding.
COE Results Comparison
Category | March 1st Bidding | March 2nd Bidding | Change |
CAT A (Cars ≤ 1600cc & 130bhp) | $92,730 | $94,502 | ⬆️ $1,772 |
CAT B (Cars > 1600cc or 130bhp) | $113,000 | $116,890 | ⬆️ $3,890 |
CAT C (Goods Vehicles & Buses) | $67,001 | $70,089 | ⬆️ $3,088 |
CAT E (Open Category) | $112,901 | $116,991 | ⬆️ $4,090 |
Should You Buy or Sell Now?
The upward trend in COE prices signals that demand is picking up again. If you were waiting for a dip before purchasing a car, this might be your last chance before prices climb further. On the other hand, if you're considering selling, now is a great time to get a high price for your vehicle.
Buying Advice
Prices have increased across all categories, and demand is rising.
If you need a car urgently, securing a COE now may be wise before further increases.
For those not in a rush, keeping an eye on the next bidding could be beneficial.
Selling Advice
With COE prices rising, second-hand car values will likely increase.
It’s an ideal time to sell if you want to maximize your car’s resale value.
Get a free valuation to check your car’s worth before making a decision.
What to Expect in the Next Bidding
The recent price jump suggests continued strong demand, especially in CAT B and CAT E.
As the market stabilizes, prices might continue to increase slightly or remain steady.
If demand remains high, the next bidding could push COE prices even higher.
Stay Updated & Predict the Trends
Monitor COE trends to time your car purchase or sale strategically.
Follow automotive news and expert predictions.
Use our free car valuation service to stay ahead of market shifts.
You’re looking for a hassle-free and trustworthy car dealer in Singapore to sell your car? Look no further than SG Car Deals. We offer excellent service, including a free inspection, test drive, the best price for used cars, and fast sales in just 24 hours. We pride ourselves on our transparency and fair pricing, ensuring that you get the best deal for your car!
Thinking of selling your car? Get a free valuation today and sell at the highest price!
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